Replacing or installing a new roof is one of the largest investments you will make as a homeowner, and the final expense often catches people by surprise. Whether your roof is nearing the end of its lifespan, has sustained storm damage, or is simply worn out, the reality is clear: a new roof is essential. But replacement does not come cheap.
For many Wisconsin homeowners, the cost of a new roof can be overwhelming. According to industry estimates, the average roof replacement ranges between $6,000 and $20,000 (depending on the size, materials, and complexity of the project).
Odds are, you will not have that much cash readily available. This is where roof financing can make a significant difference.
If you’ve been delaying a necessary roof replacement because of the expense, it’s time to look at how financing can make this major home improvement affordable and stress-free.
What Is Roof Financing?
Roof financing is a payment option that allows homeowners to spread the cost of their roof replacement over time through monthly payments. Instead of paying the full amount upfront, financing lets you make affordable installments, often with low or even zero-interest plans.
How Roof Financing Works
When you choose to finance your roofing project, you generally have the following options:
Partnering with Roofing Companies Who Offer Financing
Many reputable roofing companies, including ours, partner with trusted lenders to offer flexible financing plans. These plans are specifically tailored for home improvement projects, making them easier to qualify for and offering competitive rates, sometimes with low or zero-interest promotional periods and flexible repayment terms.
Other Types of Roof Financing Options
There are several financing solutions available to Wisconsin homeowners, each with its own benefits:
Home Improvement Loans:
These are unsecured personal loans specifically designed for renovation projects. They offer fixed rates and predictable payments, making them a popular choice for roof financing.
Home Equity Loans or HELOCs:
If you have equity in your home, you may be able to borrow against it. While these loans often offer lower interest rates, they use your home as collateral, so make sure to read all the fine print before choosing this option.
Credit Cards:
While not the ideal solution, some homeowners use credit cards for smaller roofing projects. However, high interest rates make this a less desirable option for large-scale replacements.
Note: Most roof financing applications are straightforward with fast approval. Many homeowners receive a decision within minutes, allowing them to schedule their roofing project without delay.
The Benefits of Financing Your New Roof
Financing a new roof isn’t just about affordability. Roof financing also offers you flexibility and peace of mind. Here’s why it makes sense to finance your roofing project:
Protect Your Savings
Rather than depleting your savings or emergency fund, financing allows you to preserve your cash flow for other expenses. This is especially important for unexpected home repairs or medical bills.
Start Your Project Immediately
Roof damage, especially in areas like Wisconsin, can come from anywhere, and it definitely won’t wait for you to save up. Financing allows you to move forward with the project right away, preventing further damage and protecting your home.
Low or No-Interest Plans
Many roofing companies in Northeastern Wisconsin, including ours, offer 0% interest for a promotional period. This means you can spread out your payments without paying extra interest if you pay off the balance within the agreed timeframe.
Budget-Friendly Payments
Flexible financing terms allow you to choose a monthly payment that fits your budget. Every homeowner has different needs, and with financing, you get different options to pay for your roofing project. This makes it easier to afford the roof your home needs.
How Much Does Roof Replacement Cost?
Even though roof replacement offers long-term benefits, the initial cost is still a major hurdle for many homeowners. Here is how much the process can cost you:
- Material Costs: Asphalt shingles, the most common roofing material, can cost you around $4 to $8 per square foot. If you want an even more durable material to protect your Wisconsin home, materials like metal or luxury shingles are even more expensive.
- Labor and Installation: Labor costs have steadily increased due to inflation, material shortages, and skilled worker demand. Professional installation typically makes up 60% of the total cost of a roofing project.
- Unforeseen Issues: Many homeowners underestimate the cost of replacing decking, addressing rotted wood, or correcting ventilation problems, all of which can add to the final bill.
To learn more about how much a new roof costs, check out these related posts:
- How Much Does a Roof Replacement Really Cost In 2025?
- How Much Does Flat Roof Replacement Cost In Wisconsin (2025)
Why Should You Not Neglect A New Roof?
Given the high cost of a roof replacement, many homeowners often delay this important project even when it’s necessary. But can you really afford to do that?
Replacing your roof is (in most cases) a necessity, not a luxury. Ignoring roof problems can result in much larger expenses in the future. Here’s why homeowners should not wait to schedule a roof replacement:
Prevents Further Damage
A damaged or deteriorating roof allows water in, which can lead to mold, rot, and structural damage. What starts as a few missing shingles can quickly escalate into thousands of dollars in interior repairs if left unaddressed.
Protects Your Home’s Value
Your roof is one of the first things potential buyers notice. An old, damaged roof can reduce both your home’s market value and curb appeal.
On the other hand, when you install a new roof, you get more protection. New roofs also offer a recoup value of around 60% to 70%, even after years, making it a smart investment.
Improved Energy Efficiency
Older roofs often have poor insulation or ventilation, causing higher energy bills. Upgrading to a new roof with modern materials and proper sealing can help keep your home more energy efficient, reducing your heating and cooling costs. This can be really helpful during Wisconsin’s frigid winters.
What to Look for in a Roofing Company
Not all roofing companies are created equal. If you’re considering financing, it’s essential to choose a reputable contractor with transparent terms and quality workmanship. Here’s what to look for:
- Licensed and Insured: Ensure the company is licensed in Wisconsin and carries insurance to protect you from liability.
- Financing Partnerships: Look for companies that offer reliable financing programs with competitive rates and flexible terms.
- Clear Contracts: Choose a company that provides detailed, transparent contracts with no hidden fees or surprises.
- Positive Reviews and References: Check online reviews and ask for references to ensure you’re working with a trusted local roofer.
Finance Your Roof With Prestige Roofing LLC
At Prestige Roofing LLC, we understand that replacing your roof is a major investment, but it shouldn’t be a financial burden. That’s why we offer affordable financing options that can help you get a new roof without budget hassles.
We have partnered with GreenSky® to offer various payment plans that suit your budget and needs. With our financing partner and our roofing expertise, you get a roof that is not only durable but also fits your budget.
Need a new roof? Contact us today at (920) 791-0414 to schedule a free consultation and learn more about our affordable financing options.